EURUSD only | Page 5913 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

Trading EURUSD only 43,756 replies

Eurusd-5m Trading Only 110 replies

LIVE Trades Only : EURUSD & GBPUSD 123 replies

Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies

Script to change EA to long only/ short only at a price level? 1 reply

Attachments: EURUSD only
Exit Attachments

EURUSD only

  • #118,241
  • Nov 9, 2020 10:59am Nov 9, 2020 10:59am
hello al great weekend to all
scalp here long
Attached Image (click to enlarge)
Click to Enlarge Name: b33d7f67601d3b5d4bc3f8f161c2dc66.png Size: 53 KB
  • #118,242
  • Nov 9, 2020 11:21am Nov 9, 2020 11:21am
huge drop today.. not sure if the 18000 area will hold
Attached Image (click to enlarge)
Click to Enlarge Name: 5b2322694887bcc3b6fbb36fa1d805b1.png Size: 82 KB
Insane in the Brain..
  • #118,243
  • Nov 9, 2020 11:27am Nov 9, 2020 11:27am
Quoting BeeTogether
huge drop today.. not sure if the 18000 area will hold {image}
I think we have seen the low of the day but probably we test 1.1771 tomorrow during Asia session.
I will tear the world apart for you.
  • #118,244
  • Nov 9, 2020 11:33am Nov 9, 2020 11:33am
Selling until momentum is gone and back below 0

Attached Image
COT: The precious data ignored
  • #118,245
  • Nov 9, 2020 11:34am Nov 9, 2020 11:34am
Quoting Barnell
{quote} I think we have seen the low of the day but probably we test 1.1771 tomorrow during Asia session.
could be right, it seems to be a wide range on view.. the pair rejected anything over 19000 today a few times. not sure what the trigger was for the drop but it was the same time as cable dropped
Insane in the Brain..
  • #118,246
  • Nov 9, 2020 11:36am Nov 9, 2020 11:36am
Quoting BeeTogether
{quote} could be right, it seems to be a wide range on view.. the pair rejected anything over 19000 today a few times. not sure what the trigger was for the drop but it was the same time as cable dropped
USD strength, that's all. DXY took a massive leg up.
I will tear the world apart for you.
  • #118,247
  • Nov 9, 2020 11:47am Nov 9, 2020 11:47am
Looks like price may take another dip downwards.....
  • #118,248
  • Nov 9, 2020 12:09pm Nov 9, 2020 12:09pm
Quoting Compound
{quote} {image}
It fits the target even though there is a bit of drama between the bear and the bull.

Here I will be careful. I will see if candle D1 will close below the candle of the previous day (Friday). or stuck above the lowest price on candle D1 the previous day (Friday).

The figure for the bears, D1 closes below 1.1823
Figures for bulls, price stuck above 1.1823

The range for the bears is up to 1.16706-1.16206
The range for the bulls is up to 1.20451-1.20951

I will resume trading tomorrow
Attached Image (click to enlarge)
Click to Enlarge Name: 9-2.png Size: 57 KB
There is no perfect system
  • #118,249
  • Nov 9, 2020 12:32pm Nov 9, 2020 12:32pm
Thoughts on this?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 24 KB
  • #118,250
  • Nov 9, 2020 1:26pm Nov 9, 2020 1:26pm
15-20 pip buy scalp probability.
  • #118,251
  • Nov 9, 2020 4:19pm Nov 9, 2020 4:19pm
Quoting jandelichte
Thoughts on this? {image}
I'd say it's a very likely scenario, the first part of your projection(part b) has happened since you've posted. Lets see if it continues downwards or bounces back up. So far, nice one!

I'm watching the 1791x level as a crucial point for a breakout to even lower , as the asian session progresses my level of interest will rise, I expect it to be around 1799x by the time London opens (for me to break this level means that the price has stayed below it for at least 2 hours).
If we see that break, we could see a continuation to 17680 which is my next level of interest, in case we also break that one ( and by break i mean for the price to stay below it for at least 4 hours) i expect the price to retrace back to 15xxx... from there i don't know, best to trade in the present, when that time comes i will share my ideas.

We also have a major support around 16100, but I think that we will easily break it if we continue this way... i'm more focused on the dymamic support levels than the static ones.

I've updated the settings for my trade that i called in my earlier post today ( from 18999), the change made is that i've put my stop in profit on 18525. I've also set the take profit for half the position at 17680, while i've extended the take profit for the other half to 15300.
Through the light of enlightenment, darkness unveils the path of truth.
  • #118,252
  • Nov 9, 2020 6:11pm Nov 9, 2020 6:11pm
Quoting Compound
{quote} It fits the target even though there is a bit of drama between the bear and the bull. Here I will be careful. I will see if candle D1 will close below the candle of the previous day (Friday). or stuck above the lowest price on candle D1 the previous day (Friday). The figure for the bears, D1 closes below 1.1823 Figures for bulls, price stuck above 1.1823 The range for the bears is up to 1.16706-1.16206 The range for the bulls is up to 1.20451-1.20951 I will resume trading tomorrow {image}
scalping 50 pips, right at dynamic support 1. then wait for the next condition
Attached Image (click to enlarge)
Click to Enlarge Name: 10.png Size: 44 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 10-2.png Size: 30 KB
There is no perfect system
  • #118,253
  • Nov 9, 2020 11:16pm Nov 9, 2020 11:16pm
Quoting Compound
{quote} scalping 50 pips, right at dynamic support 1. then wait for the next condition {image}{image}
Short?
Another day, another dollar.
  • #118,254
  • Nov 9, 2020 11:43pm Nov 9, 2020 11:43pm
Shorts maybe until 1.1816.. I believe this will go up and therefore I stay away from shorting this for now.. Focus on buying dips..

Stay Green
Focus only on what truly matters!
  • #118,255
  • Nov 10, 2020 12:01am Nov 10, 2020 12:01am
Quoting Ata-Turkoglu
Shorts maybe until 1.1816.. I believe this will go up and therefore I stay away from shorting this for now.. Focus on buying dips.. Stay Green
But it formed a bearish engulfing yesterday, didn’t it?

I am a bit puzzled about this strong move yesterday. The logic could have been that the vaccine makes another big fiscal stimulus redundant. However, this logic would have been overly optimistic as the vaccine would only be available months from now. Or it was related to rising rates, though they rose on both sides of the atlantic. Any thoughts?
Another day, another dollar.
  • #118,256
  • Nov 10, 2020 12:06am Nov 10, 2020 12:06am
Interestingly the EurUsd only moved after the US open, while equities and rates moved hours before.
Another day, another dollar.
  • #118,257
  • Nov 10, 2020 12:14am Nov 10, 2020 12:14am
Quoting nic9man
{quote} But it formed a bearish engulfing yesterday, didn’t it? I am a bit puzzled about this strong move yesterday. The logic could have been that the vaccine makes another big fiscal stimulus redundant. However, this logic would have been overly optimistic as the vaccine would only be available months from now. Or it was related to rising rates, though they rose on both sides of the atlantic. Any thoughts?
If you want my thoughts, quite simply, USD was sold down for too long and too hard over the course of elections. Vaccine might have caused XXX/JPY to surge, but I think EUR/USD felling like a rock last night was more due to USD buying. The largest component of DXY is EUR so when DXY makes a strong move, assuming no other factors, EUR/USD will fall the hardest compared to other XXX/USD. This was what we saw yesterday.

I know Ata don't like to talk about correlation much and I respect that, so I will end my post here.

There is a bearish engulfing yesterday, but bears fail to break 1.18 and test 1.1771. In my opinion, at current levels, nothing meaningful really. Bulls want above 1.1850 while bears will want to break 1.18. Bulls have the lead at the moment, but let's see what Frankfurt and London brings. There will also be ZEW Economic Sentiment later and I would be keen to see if that jumpstarts anything.

Cheers.
I will tear the world apart for you.
  • #118,258
  • Nov 10, 2020 12:23am Nov 10, 2020 12:23am
Quoting nic9man
{quote} But it formed a bearish engulfing yesterday, didn’t it? I am a bit puzzled about this strong move yesterday. The logic could have been that the vaccine makes another big fiscal stimulus redundant. However, this logic would have been overly optimistic as the vaccine would only be available months from now. Or it was related to rising rates, though they rose on both sides of the atlantic. Any thoughts?
Sure.. the engulfing we had has a lot to do with the hanging man on H4 I was talking about and to me yes the bears lead (until wave 4 is complete).. BUT what I am saying is that bullish correction is not done.. There is support around 1.1816 and we should expect clear retests towards 1.1855 area up to 1.1875.. In other words don't rush in selling at these lows.. We will get a better price hopefully.. Time will tell..

Stay Green
Focus only on what truly matters!
  • #118,259
  • Nov 10, 2020 12:24am Nov 10, 2020 12:24am
Waiting to enter LONG.
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd M15.png Size: 98 KB
  • #118,260
  • Nov 10, 2020 12:27am Nov 10, 2020 12:27am
C'mon bears just give me 1.17800 then you are free to do as u wish
Risk comes from not knowing what to do
109 traders viewing now